1 Augusta Circle

Apple Valley, CA 92308

$3,500,000
Price
609,840 / 14
Lot Size / Acres

Description

Positioned at the heart of Apple Valley's vibrant community, the 14-acre development opportunity at One Augusta Circle is a gem awaiting visionary developers and investors. This commercial parcel, offering 127 lots, is a canvas for creativity in a region marked by rapid population growth and a burgeoning interest from national builders.
Apple Valley, celebrated for its expanding presence in the High Desert, combines natural beauty with strategic location advantages. This property boasts easy freeway
...Positioned at the heart of Apple Valley's vibrant community, the 14-acre development opportunity at One Augusta Circle is a gem awaiting visionary developers and investors. This commercial parcel, offering 127 lots, is a canvas for creativity in a region marked by rapid population growth and a burgeoning interest from national builders.

Apple Valley, celebrated for its expanding presence in the High Desert, combines natural beauty with strategic location advantages. This property boasts easy freeway access, placing it within walking distance to a variety of essential amenities and leisure options including Target, movie theaters, Best Buy, Home Depot, restaurants, and more. It's adjacent to a serene lake and close to a golf course, nestled in the bustling town center of Apple Valley, which is known for its welcoming community.

A pivotal feature of this opportunity is its proximity to the planned Brightline West high-speed train project, promising to connect Apple Valley with Las Vegas. This initiative, expected to be completed before the Olympics, positions Apple Valley as an essential hub in the fast, efficient travel corridor between these two destinations, enhancing the property's value and appeal.

The current exploration of strategic partnerships or outright sale is fueled by the desire to capitalize on this unique property's potential. Engagements with various stakeholders have outlined clear paths for potential land uses, particularly focusing on the development of an RV park or compact, efficient casitas, each offering substantial profit opportunities:

• RV Park: Investment in infrastructure for the RV park is projected to cost incrementally, allowing for phased development. Each lot could yield a profit margin of $40,000 to $60,000, making it a highly lucrative project with an estimated total sales potential of $15 million and a net profit of approximately $7 million based on phased investments and sales.

• Casitas: The development of small homes (600 to 900 sq. ft.) on this land could command significant market interest, with a construction strategy that emphasizes phased development to manage costs effectively. The potential for sales in the casita project is estimated to reach up to $40 million, with profits potentially soaring to $20 million, offering an enticing avenue for investors looking for substantial returns.

Listing Agent

  1. Michael Yue

    Michael Yue

    Listing Agent

    Compass

    DRE #02083986

Property Details for 1 Augusta Circle

View
Mountain(s)
Lot Size Source
Assessor
Assessor Parcel Number
0434-692-01-0000
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of COMPASS, Michael Yue, DRE #02083986
Add your commute
LISTING UPDATED: 04/26/2024 02:41 AM

Property Details for 1 Augusta Circle

StatusActive
MLS #WS24065133
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size14.00 AC
CountySan Bernardino County

Location

Listing Courtesy of COMPASS, Michael Yue, DRE #02083986
Add your commute

Building Information for 1 Augusta Circle

Lot Size14.00 AC

Payment Calculator

$19,101 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Augusta Circle

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 144...
  • Tax Census Tract: 97.19
  • Tax Lot: 114
Community / Development
Community / Development
  • Community Features: Lake, Park
Property / Structure Info
Distance To
  • Distance To Water: N/A
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Corners Marked, Level with Street
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 1 Augusta Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1 Augusta Circle

This home is within Apple Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - K to 8
Rating
School
Distance
Sitting Bull Academy
PublicK to 8

Apple Valley High School
Public9 to 12

High Desert Premier Academy
PublicK to 12

Vanguard Preparatory School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Augusta Circle is a 14 ac of land for sale in Apple Valley, CA 92308. This property was listed for sale on February 14, 2024 by Compass, it's currently listed at $3,500,000. This listing's school district is Apple Valley Unified School District. Nearby schools include Sitting Bull Academy, Apple Valley High School and High Desert Premier Academy. 1 Augusta Circle is a 0-bed, 0-bath, 14 ac of land on a 609,840 sq. ft. / 14 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, Michael Yue, DRE #02083986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.